At the end of 2015, the global spending by end users on cloud services exceeded $70 billion. Enterprises, regardless of size, are making decisions to migrate their legacy IT frameworks to cloud servers. But, many businesses still have concerns about how secure it is or why they should follow suit.
Here are a couple of key reasons as to why businesses should adopt cloud technology for their organizations today.
1. Flexibility in resource utilization
Cloud computing offers businesses with unmatched flexibility in terms of usage policies and scalability. Data storage is one of the major resources that companies want to move to the cloud; in fact, 25% of the businesses move to the cloud for this reason. With data storage on the cloud, you would only have to pay for the volume of space you consume, and, if your business needs an increase or decrease of space, it is easier done than said! For this reason, cloud technology proves to be an added benefit for companies that often experience rapid spikes of growth in their businesses, requiring greater resource availability on demand.
2. Cost effective
As exemplified in the cloud data storage scenario above, flexibility in resource utilization leads to reduced operational costs as well as controlled financial spending on large scale upgrades due to cloud computing facilitates seamless scaling at reasonable costs. Another showed that 82% of the companies enjoyed cost savings within just 6 months of cloud adoption.
3. Lower risk
In addition to the financial benefits, the ready-to-respond infrastructure of cloud computing means lower risks for organizations. Top cloud providers offer a 99.995% uptime guarantee and the risk of your critical data being unavailable is minimized greatly.
4. Data integrity and security
When cloud computing was in its infancy stage, there were concerns about data loss and security breaches. However, these concerns have been slightly appeased over time. As reported by a recent global survey by Thales and Ponemon, more than 50% of the surveyed participants trust the cloud for its security and data integrity.
5. Streamlined collaboration
With cloud-based frameworks, collaborative productivity has improved tenfold. The ability to work from anywhere and from multiple devices has resulted in innovative work cultures. With lowered costs and higher performance, companies can spend more on their people in terms of money and training. Cisco predicted 2014 was to be the year when 51% of enterprise workload would be in the cloud versus 49% in traditional IT legacy systems. This shows the capabilities cloud computing is able to unleash in enterprises.
Despite some recent security concerns, moving to the cloud is not as risky as people think. Partnering with the right organization for your enterprise cloud solutions is the best way to ensure that you get the most out of your cloud investments. If you are on the lookout for a cloud partner, then look no further than Innovative Integration. With decades of experience in handling large scale enterprise IT solutions in the traditional and cloud space, we will ensure that your business leverages the best of cloud computing. Get in touch with our team today.